What is a municipal entity?

Municipal entities are independent organisations that perform municipal services on behalf of a municipality. The municipality controls the majority shareholding in these companies and monitors their service delivery. It is also responsible for ensuring that its municipal entities comply with all relevant legislation, that they are managed responsibly and transparently, and that they meet their statutory and contractual obligations.

The City's municipal entities are monitored by its Shareholding Management Department (SMD), a unit within the Finance Directorate that is responsible for regulating, managing and monitoring these organisations for maximum shareholder returns, financial performance, legislative and policy compliance.

What municipal entities does the City have?

The City of Cape Town has a single municipal entity at the present time. This is the Cape Town Convention Centre Company (Pty) Ltd (Convenco). Convenco, which operates the multiple award winning Cape Town International Convention Centre, has been tasked with doing so with the aim of improving tourism, creating jobs and increasing economic benefits for Cape Town and the Western Cape. Convenco is currently planning an exciting expansion adjacent to the existing convention centre. 

The Khayelitsha Community Trust (KCT) was a municipal entity from 2003 until 30 June 2011, when the City relinquished its control of it. The KTC was established in 2003 to develop the community of Khayelitsha through the establishment of commercial, residential and community facilities in the area. It was established as part of the City’s broader Urban Renewal Programme.